Good Real Estate News in 2011

In spite of all the bad news we had in 2010, as we head into the New Year, there is some very good news to be considered if you are looking to buy a home, an investment property and if you wish to sell a home that you have had for a good deal of time.

• Fixed-rate mortgage interest rates are still at all-time lows which means today’s buyers can lock in to low payments for as long as they own their homes.
• Home prices have never been lower and if you are moving up, you are in an even better position.
• Investment properties are plentiful and priced well
• Banks have eased off on their stringent guidelines and FHA loans are available with a 3 ½% down payment.
• Inventory of homes is lower than ever in many communities so if you are considering selling, do not wait until everyone else tries to sell in the Spring.

The truth is the need for housing hasn’t gone away. People are getting married,families are growing and also shrinking. And these life changes still cause people to move. And remember, if you have to sell low but are buying, you will also be buying low. It’s all relative.  If you are buying up, you will be way ahead of the game.

So, if you’re thinking of buying or selling this year, or would just like an update on the local market, give me a call. And of course, if you have friends or family who need an agent to help guide them through this ever-changing real estate market, I’ll appreciate your referral.

Wishing you an abundance of peace, celebrity porn happiness and all good things now and in the coming New Year.

Adrienne Francis

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